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<span><u>FARM MARKET NEWS - ONTARIO COMMODITY REPORT FOR Thu, December 19<br>
</u></span></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<div><u>(All Bases in CAD)<br>
</u></div>
<div><u>Exchange rate was 1.3118 up 0.0015<br>
</u></div>
<div><u>Chicago corn closed narrowly mixed.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> MAR20 HI 3.89 DEC20 HI 4.01 1/2<br>
</u></div>
<div><u> LOW 3.85 LOW 3.99<br>
</u></div>
<div><u> CLOSE3.86 1/2 Down 1/2 CLOSE 4.00 1/2 Up 1/2<br>
</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP BASIS NEW CROP BASIS<br>
</u></div>
<div><u>Location Spot 1mt 2mt 3mt U.S. $/bu $/mt Cntrct U.S. $/bu $/mt<br>
</u></div>
<div><u>ELEVATORS +MAR20+MAR20+MAY20<br>
</u></div>
<div><u>CK Low 1.25 5.12 201.37 0.90 4.91 193.10<br>
</u></div>
<div><u>CK High 1.35 5.22 205.31 0.95 4.96 195.07<br>
</u></div>
<div><u>CK Avg 1.29 0.07 5.16 203.01 0.91 -0.26 4.91 193.43<br>
</u></div>
<div><u>Essex Cty 1.30 5.17 203.34 0.90 4.91 193.10<br>
</u></div>
<div><u>Mdsx Low 1.25 5.12 201.37 0.90 4.91 193.10<br>
</u></div>
<div><u>Mdsx High 1.30 5.17 203.34 0.90 4.91 193.10<br>
</u></div>
<div><u>Mdsx Avg 1.28 0.05 5.14 202.35 0.90 -0.27 4.91 193.10<br>
</u></div>
<div><u>Hensall 1.28 5.14 202.35 0.93 4.93 194.09<br>
</u></div>
<div><u>Bruce 1.25 5.12 201.37 0.90 4.91 193.10<br>
</u></div>
<div><u>Putnam 1.25 5.12 201.37 0.90 4.91 193.10<br>
</u></div>
<div><u>Burford 1.30 5.17 203.34 0.90 4.91 193.10<br>
</u></div>
<div><u>Port Perry 1.35 5.22 205.31 0.90 4.91 193.10<br>
</u></div>
<div><u>Norfolk 1.30 5.17 203.34 0.90 4.91 193.10<br>
</u></div>
<div><u>Palmerston 1.21 5.08 199.79 0.86 4.87 191.53<br>
</u></div>
<div><u>Varna 1.25 5.12 201.37 0.90 4.91 193.10<br>
</u></div>
<div><u>Trenton 1.40 5.27 207.27 0.90 4.91 193.10<br>
</u></div>
<div><u>Winchester 1.40 5.27 207.27 1.25 5.26 206.88<br>
</u></div>
<div><u>North Gower 1.36 5.23 205.70 1.23 5.24 206.09<br>
</u></div>
<div><u>Huron FOB 1.42 5.29 208.06 0.92 4.93 193.89<br>
</u></div>
<div><u>Kent FOB 1.40 5.27 207.27 0.95 4.96 195.07<br>
</u></div>
<div><u>Lamb FOB 1.35 5.22 205.31 1.00 5.01 197.04<br>
</u></div>
<div><u>Mdsx FOB 1.40 1.45N/A N/A 5.27 207.27 0.90 4.91 193.10<br>
</u></div>
<div><u>FOB SW Que 2.28 6.15 241.92N/A<br>
</u></div>
<div><u>Track 1.70 5.57 219.08N/A<br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Chat-Eth N/A N/A N/A N/A 1.15 5.16 202.94<br>
</u></div>
<div><u>Jhnstwn-Eth N/A N/A N/A N/A 1.40 5.41 212.79<br>
</u></div>
<div><u>Aylmer-Eth N/A N/A 1.64N/A 1.15 5.16 202.94<br>
</u></div>
<div><u>Sarn-Eth N/A 1.55 1.60 1.60 N/A<br>
</u></div>
<div><u>London-Ing N/A N/A N/A N/A 1.30 5.31 208.85<br>
</u></div>
<div><u>Pt.Colb-Ing N/A N/A N/A N/A N/A<br>
</u></div>
<div><u>Cardnl-Ing N/A N/A 1.90 1.91 1.40 5.41 212.79<br>
</u></div>
<div><u>W O Feed 1.83 5.70 224.20<br>
</u></div>
<div><u><br>
</u></div>
<div><u>US Rep 2.20 6.07 238.77<br>
</u></div>
<div><u>Toledo El. 0.26 4.13 162.49 -0.26 3.74 147.34<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Pt. Colb 1.60 5.47 215.15N/A<br>
</u></div>
<div><u>Prescott 1.65 5.52 217.12 1.45 5.46214 3/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>MID SD CRN 1.30 5.16 1/2<br>
</u></div>
<div><u>HI SD CRN 1.35 5.21 1/2<br>
</u></div>
<div><u>*Wet Bid<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3118 up 0.0015<br>
</u></div>
<div><u>Chicago soybeans closed slightly lower.<br>
</u></div>
<div><u><br>
</u></div>
<div><u> JAN20 HI 9.29 1/4 NOV20 HI 9.69<br>
</u></div>
<div><u> LOW 9.21 1/4 LOW 9.63<br>
</u></div>
<div><u> CLOSE9.24 1/2 Down 4 CLOSE 9.66 1/4 Down 2<br>
</u></div>
<div><u><br>
</u></div>
<div><u> OLD CROP NEW CROP<br>
</u></div>
<div><u>Location Basis 1mt 2mt 3mt U.S. $/bu $/mt BasisU.S. $/bu $/mt<br>
</u></div>
<div><u>ELEVATORS +JAN2+MAR2+MAR20<br>
</u></div>
<div><u>CK Low 2.25 11.50 422.372.19 11.85 435.50<br>
</u></div>
<div><u>CK High 2.30 11.55 424.212.25 11.91 437.71<br>
</u></div>
<div><u>CK Average 2.29 -0.4511.53 423.722.21 -0.6211.87 436.12<br>
</u></div>
<div><u>Essex Cty 2.25 11.50 422.372.20 11.86 435.87<br>
</u></div>
<div><u>Mdsx Low 2.28 11.53 423.472.20 11.86 435.87<br>
</u></div>
<div><u>Mdsx High 2.30 11.55 424.212.20 11.86 435.87<br>
</u></div>
<div><u>Mdsx Average 2.29 -0.4511.54 423.842.20 -0.6211.86 435.87<br>
</u></div>
<div><u>Hensall 2.30 11.55 424.212.20 11.86 435.87<br>
</u></div>
<div><u>Bruce 2.30 11.55 424.212.20 11.86 435.87<br>
</u></div>
<div><u>Putnam 2.30 11.55 424.212.20 11.86 435.87<br>
</u></div>
<div><u>Burford 2.35 11.60 426.042.27 11.93 438.44<br>
</u></div>
<div><u>Port Perry 2.27 11.52 423.102.19 11.85 435.50<br>
</u></div>
<div><u>Norfolk 2.30 11.55 424.212.25 11.91 437.71<br>
</u></div>
<div><u>Palmerston 2.23 11.48 421.632.23 11.89 436.97<br>
</u></div>
<div><u>Varna 2.30 11.55 424.212.20 11.86 435.87<br>
</u></div>
<div><u>Trenton 2.25 11.50 422.372.20 11.86 435.87<br>
</u></div>
<div><u>Winchester 2.30 11.55 424.212.20 11.86 435.87<br>
</u></div>
<div><u>North Gower 2.20 11.45 420.532.20 11.86 435.87<br>
</u></div>
<div><u>Huron FOB 2.45 11.70 429.722.35 12.01 441.38<br>
</u></div>
<div><u>Kent FOB 2.45 11.70 429.722.20 11.86 435.87<br>
</u></div>
<div><u>Lambton FOB 2.50 11.75 431.552.25 11.91 437.71<br>
</u></div>
<div><u>Middlesex FOB2.47 2.47 2.38 N/A 11.72 430.452.32 11.98 440.28<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Windsor 2.89 12.14 445.882.49 12.15 446.53<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TRANSFER<br>
</u></div>
<div><u>Hamilton 2.90 12.15 446.252.70 12.36 454.24<br>
</u></div>
<div><u>Prescott N/A 2.25 11.91 437.71<br>
</u></div>
<div><u>Port Colborne2.69 11.94 438.542.73 12.39 455.35<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. -0.03 9.22 338.73-0.46 9.20 338.16<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Exchange rate was 1.3118 up 0.0015<br>
</u></div>
<div><u>Chicago wheat closed slightly lower.<br>
</u></div>
<div><u>MAR20 HI 5.53 1/2 JUL20 HI 5.57 1/2<br>
</u></div>
<div><u> LOW 5.44 LOW 5.49 1/2<br>
</u></div>
<div><u> CLOSE 5.45 1/4 Down 3 CLOSE 5.50 3/4 Down 2 3/4<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Minni wheat closed slightly higher.<br>
</u></div>
<div><u>MAR20 HI 5.45 3/4 SEP20 HI 5.69<br>
</u></div>
<div><u> LOW 5.37 1/4 LOW 5.65 1/2<br>
</u></div>
<div><u> CLOSE 5.41 1/4 Up 2 3/4 CLOSE 5.66 Up 3<br>
</u></div>
<div><u><br>
</u></div>
<div><u>GFO Cash Wheat Prices - DEL Terminal<br>
</u></div>
<div><u>Harvest 19 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<br>
</u></div>
<div><u>Basis 2.16 2.36 2.03 1.29<br>
</u></div>
<div><u>CAD $/bu 7.61 7.81 7.48 6.71<br>
</u></div>
<div><u>CAD $/tonne 279.69 286.92 274.87 246.43<br>
</u></div>
<div><u><br>
</u></div>
<div><u><br>
</u></div>
<div><u>Direct MarkHarvest 2019 Harvest 2020<br>
</u></div>
<div><u> DELIVERED BASIS DELIVERED BASIS<br>
</u></div>
<div><u>Location SWW(C) HRW(C) SRW(C) HRS(M) SWW(C) HRW(C) SRW(C) HRS(M)<br>
</u></div>
<div><u>ELEVATORS<br>
</u></div>
<div><u>Brgssvll N/A N/A 1.85 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>London 1.84 2.24 1.84 N/A 1.40 1.66 1.20 N/A<br>
</u></div>
<div><u>Hensall 1.80 N/A 1.80 N/A 1.40 N/A 1.20 N/A<br>
</u></div>
<div><u>Trenton N/A N/A N/A N/A N/A N/A 1.40 N/A<br>
</u></div>
<div><u>Bruce 1.80 2.20 1.80 1.70 1.40 1.60 1.20 1.10<br>
</u></div>
<div><u>Essex N/A N/A 1.80 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>Norwich 1.80 N/A 1.80 N/A 1.40 N/A 1.20 N/A<br>
</u></div>
<div><u>Port Hope N/A N/A 1.80 N/A N/A N/A 1.40 N/A<br>
</u></div>
<div><u>Kent Bridge 1.80 N/A 1.80 N/A 1.40 N/A 1.20 N/A<br>
</u></div>
<div><u>Chatham N/A N/A 1.80 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>Brigden N/A N/A 1.80 N/A N/A N/A 1.20 N/A<br>
</u></div>
<div><u>Palmerston N/A N/A 1.77 1.69 N/A N/A 1.26 1.11<br>
</u></div>
<div><u>Varna 1.90 2.20 1.80 N/A 1.40 1.60 1.20 N/A<br>
</u></div>
<div><u>Mitchell 1.80 2.15 1.80 N/A 1.40 1.60 1.20 N/A<br>
</u></div>
<div><u>Thornton N/A N/A N/A 1.83 N/A N/A N/A N/A<br>
</u></div>
<div><u>North Gower N/A 1.75 1.75 1.00 N/A 1.60 1.35 0.85<br>
</u></div>
<div><u>W O Feed 2.41<br>
</u></div>
<div><u><br>
</u></div>
<div><u>TERMINAL<br>
</u></div>
<div><u>Port Colbor N/A N/A 2.17 N/A N/A N/A 1.60 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>PROCESSORS<br>
</u></div>
<div><u>Toledo FM N/A N/A 2.09 N/A N/A N/A 1.72 N/A<br>
</u></div>
<div><u><br>
</u></div>
<div><u>Toledo El. 5.60US 7.35CA 5.61US 7.36CA<br>
</u></div>
<div><u><br>
</u></div>
<div><u>GFO Contract Wheat Prices - DEL Terminal<br>
</u></div>
<div><u>Harvest 20 Soft White(C) Hard Red(C) Soft Red(C) Red Spring(M)<br>
</u></div>
<div><u>Basis 1.52 1.78 1.46 0.98<br>
</u></div>
<div><u>CAD $/bu 7.03 7.29 6.96 6.64<br>
</u></div>
<div><u>CAD $/tonne 258.25 267.90 255.84 243.91<br>
</u></div>
<div><u><br>
</u></div>
<div><u>(C)-Basis over the Chicago Board of Trade futures<br>
</u></div>
<div><u>(M)-Basis over the Minneapolis Grain Exchange<br>
</u></div>
<div><u><br>
</u></div>
<div><u>FEED GRAINS<br>
</u></div>
<div><u>FOB Hm Soymeal 482.49<br>
</u></div>
<div><u>DDG's FOB Srn & Aylm 210.00 - 215.00<br>
</u></div>
<div><u><br>
</u></div>
<u><span></span><br>
</u></div>
<div style="font-family: "Courier New", monospace; font-size: 10pt; color: rgb(0, 0, 0);">
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size: 10pt; font-family: "Courier New";">Blair Andrews</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New"">Editor, AgriLink and Farm Market News
</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New"">University of Guelph, Ridgetown Campus</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New""><o:p> </o:p></span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New"">Email:fmnc@uoguelph.ca<span style="mso-spacerun:yes">
</span></span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size:10.0pt;font-family:"Courier New"">Tel. 519-674-1500 x 63577
</span></p>
<p style="margin: 0in 0in 0.0001pt; font-size: 11pt; font-family: Calibri, sans-serif;">
<span style="font-size: 10pt; font-family: "Courier New";">Fax. 519-674-1530<br>
<br>
<span style="background: rgb(253, 253, 253);">Click on this link:<span><span style="color:#333333"> </span></span></span><span style="color:#336699">farmmarketnews-unsubscribe@list.gfo.ca</span><span style="color:#333333;background:#FDFDFD"> </span><span style="background: rgb(253, 253, 253);"> to
unsubscribe from this report.</span><br>
<span style="background: rgb(253, 253, 253);">This Farm Market News product is sponsored by:</span><br>
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